Shoppers walk through the Urbanspace Holiday Shops at Bryant Park in New York, U.S., on Sunday, Dec. 12, 2021.Gabby Jones | Bloomberg | Getty ImagesHoliday sales came in below industry expectations, as shoppers felt pinched by inflation and rising interest rates, according to data from…

The head of cryptocurrency and blockchain company Ripple, Brad Garlinghouse says he is hopeful a resolution will be reached in its spat with the U.S. Securities and Exchange Commission within the first half of 2023.”Judges take however long the judges will take,” Garlinghouse, who is…

Apple’s second-generation HomePodAppleApple announced the second generation of its HomePod on Wednesday. It costs $299.The second-generation HomePod follows the first generation, which Apple discontinued in 2021 in favor of the smaller and more affordable HomePod mini. The original HomePod launched at $349 and never gained…

David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Adam Galacia | CNBCGoldman Sachs CEO David Solomon told CNBC Wednesday that his firm suffered an upsetting quarter partly due to its overly ambitious consumer efforts.”We obviously had a…

Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva.Fabrice Coffrini | AFP | Getty ImagesCredit Suisse is seeing a sharp reduction in client outflows, as the embattled Swiss lender progresses with its major strategic overhaul, new CEO…

The Good Brigade | Digitalvision | Getty ImagesConsumers returned from the holiday season to find mortgage rates at their lowest point since September, and they are responding in dramatic fashion.Mortgage application volume jumped nearly 28% last week compared with the previous week, according to the…